NIGERIA: ECONOMY EXPANDS AT FASTER PACE AS OIL OUTPUT REBOUNDS – NBS
Gross domestic product rose 2.8 percent from a year ago, compared with 2.4 percent in the second quarter and 6.2 percent in the same period of 2014, the National Bureau of Statistics said in an e-mailed report on Tuesday. Oil output jumped to 2.17 million barrels a day from 2.05 million barrels.
Nigeria’s economy, the largest in Africa, expanded at a slightly faster pace in the third quarter as oil production increased.
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